Three UK bank branches 'closing every week'

23 August 2011

This highlights the impact the financial crisis is having at a local level, as lending institutions continue to shut down some of their premises.

According to a report carried out by British Bankers' Association and reported by the Daily Mail, some 187 high street outlets were closed last year.

This means that Santander, Barclays, HBOS, Northern Rock, Royal Bank of Scotland and NatWest now have 9,309 branches between them.

Derek French, of the Campaign for Community Banking Services, stated the banks are not listening to the opinions of their customers.

"They give 12 weeks notice and then they just shut the bank. They have become totally intransigent, just paying lip service to the [mandatory] notice period," he added.

HSBC - which operates in 87 countries worldwide - has closed 58 of its 1,369 branches in the past 12 months, more than any other bank.

By Claire Archer

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